Explore the Issues
Find more information on the issues deeply affected by private equity investments:…
Explore the issues
Find more information on the issues deeply affected by private equity investments:
Kaiser Health News: Private Equity Ownership of Nursing Homes Triggers Capitol Hill Questions — And a GAO Probe
Kaiser Health News (KHN) reported how from 2010 to 2019, there was a large increase in private equity companies buying up nursing homes, along with other investments in healthcare – anywhere from 5% to 11% of nursing homes nationwide.
Buzzfeed News: The Private Equity Giant KKR Bought Hundreds Of Homes For People With Disabilities. Some Vulnerable Residents Suffered Abuse And Neglect.
In 2019, KKR bought BrightSpring Health Services, one of the nation’s largest group home operators, “consisting of more than 600 residential facilities serving thousands of people with severe intellectual or developmental disabilities, some of whom cannot speak, wash, or feed…
The Wall Street Journal: Millions of Americans Are Turning to Therapy, and Investors See an Opportunity
Demand for mental health services is rising as more people deal with pandemic-related challenges, “making the sector ripe for investment.” The Wall Street Journal (WSJ) reported that “Venture capitalists and private-equity firms are pouring billions of dollars into mental-health…
Private Equity Stakeholder Project Joins with Resilience Force, State Treasurers and Others at an Investor Briefing on Climate Resilience and Risk
Resilience Force’s Saket Soni, and other allied investors and stakeholders helped lead a March 31 briefing and strategy session, “Climate Resilience and Risk” on workers’ rights and climate disasters. Resilience Force organizer LaTanja Sylvester shared with investors, “These…
Smuggling Oil The Latest Possible Maneuvering by Private Equity
Oaktree Capital has been named in reports of alleged illicit Iranian oil smuggling in possible violation of sanctions, in addition to the private equity firm’s extensive portfolio of oil and gas investments. A non-profit organization that monitors Iran identified…
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Shirley Smith, who lives in Michigan and worked at Art Van Furniture for 23 years: “Art Van was a family-owned furniture company. It was a great place to work, with great benefits, and offered financial stability. I was a single…
Oregon Treasury’s Private Equity Investments in Fossil Fuels Draw Criticism
Oregon continues to commit new capital to private equity funds that are likely to pursue fossil fuel investments, even as civic groups criticize the pension’s exposure to dirty energy.Divest Oregon partnered with Environment Oregon, Oregon Physicians for Social…
Will KKR allow workers the freedom to choose a union?
Private equity firm KKR recently acquired a majority stake in Refresco, the world’s largest independent bottling company. Refresco produces beverages such as BodyArmor Sports Drink for Coca-Cola, Gatorade for Pepsi, Arizona Iced Tea, and Tropicana juices. This spring, workers…
